WPA is "freeing up" its group underwriting methods through greater use of automation, allowing instant quoting and real time data of who is on risk.
The health insurer is currently trialling with two large group risk consultancies, which it declined to name, to standardise how they send information to WPA. Once case details are standardised WPA will be in a position to send back an instant quote followed "almost immediately" with a phone call to refine the quote through discussion of the client company's needs. WPA is also developing a semi automated XML database designed to allow the adviser an up to date list of which individuals in a company are still on risk in the corporate schemes they administer. Adrian Humphreys, managi...
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